Banzai International (NASDAQ:PARA) Stock Short Interest Report for October

Banzai International (NASDAQ:PARA) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 257,285 shares, a decrease of 55.5% from the September 30th total of 578,353 shares. Based on an average daily trading volume, of 333,792 shares, the short-interest ratio is currently 0.8 days. Approximately 7.5% of the shares of the stock are short sold.

Banzai International Price Performance

Shares of PARA traded down $1.11 during mid-day trading on Friday, reaching $3.17. 105,571 shares of the stock traded hands, compared to its average volume of 122,391. The firm has a market capitalization of $1.14 million, a P/E ratio of -0.07 and a beta of -0.99. Banzai International has a 1 year low of $2.90 and a 1 year high of $466.00.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Banzai International from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Banzai International presently has a consensus rating of “Sell”.

Banzai International Company Profile

Banzai International, Inc is a marketing technology company that provides software designed to help businesses create, promote and manage virtual and in-person marketing events. Its platform is intended to support activities such as event registration, audience engagement, lead generation and post-event follow-up.

The company’s product offerings have included tools for hosting webinars and virtual events, collecting attendee information, distributing marketing content and measuring campaign performance.